38 Wildrose Street, Rural Lacombe County

$679,900

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Impeccable, immaculate, unbelievable opportunity. This property has been meticulously maintained. Located just south of Burman University in Rosedale Valley this unique 4 plex features 2 - 3 bedroom units and 2 - 2 bedroom units...beautifully renovated. Owner occupies the lower 3 bedroom unit. Massive mature lot and quiet locale. This property has its own water well (drilled in 2017..370 feet deep and bailed at 50 IPGM) and it's own septic with field...new in 2011. It also has a 3 season fully heated office/shop building... with partial upper level, kitchen, shower, (NO TOILET) living/working area and workshop. Water is available in shop during frost free months. The fourplex is a STEEL frame building renovated and updated. Main floor has 11 foot ceilings. Owner says it has always been easy to rent, and he has NO students renting... Lower level also has the utility room, featuring a well kept more recent boiler, 2 brand new (2018) hot water tanks, the power meters, and the Sat TV and Internet Wifi. Owner currently includes wifi access and Bell satellite TV with rent. CAP rate is a solid 5%. This is a fantastic opportunity... property shows exceptionally.

Essential Information
MLS® #CA0159075
Price$679,900
Bathrooms0.00
Acres0.00
Year Built1960
TypeCommercial
Sub-TypeResidential Units
StatusActive
Community Information
Address38 Wildrose Street
CityRural Lacombe County
CountyLacombe County
ProvinceAB
Postal CodeT4L 1Y4
Amenities
Parking Spaces8
Utilities

Electricity, Garbage Collection, High Speed Internet, Natural Gas, Septic System, Telephone, Well

Heating

Baseboard heaters, Boiler, Hot Water

Exterior
RoofShingle - Asphalt
FoundationConcrete
Construction

Exterior Walls 2'x6', Frame - Steel, Insulation - upgraded, Shingles, Siding

Additional Information
ZoningHamlet
Listing Details
OfficeCentury 21 Advantage
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